BPR54 (ITA) – Corporate rules – amalgamation transactions (Section 41(4), section 44(1), section 44(13)) Posted on January 23, 2019 by admin_kmos
BPR55 (ITA) – Application of the definition of ‘dividend’ to the redemption of a participatory interest by a foreign collective investment scheme (Paragraph (c) of “dividend” definition) Posted on January 23, 2019 by admin_kmos
BPR57 (ITA) – Interest incurred on a loan obtained to acquire the business of a company as a going concern through the acquisition of the shares of the company (Section 24J) Posted on January 23, 2019 by admin_kmos
BPR58 (ITA) (VAT) – Acquisition of shares as a result of restructuring and interest on loan created in restructuring process (Sections 8C, 23(f), 24J, 45, paragraph 20(1)(h)(i) of Eighth Schedule) Posted on January 23, 2019 by admin_kmos
BPR59 (ITA) (VAT) (TDA) – Corporate rules – Transfer of the assets of a businesses conducted by a sole proprietor to companies and close corporations (Section 42, section 54) Posted on January 23, 2019 by admin_kmos
BPR60 (ITA) – Short sale transactions and securities lending arrangements (“Gross income” definition, section 11(a), section 23(g)) Posted on January 23, 2019 by admin_kmos
BPR61 (ITA) – Application of the definitions of ‘company’ and ‘controlled foreign company’ with regard to a foreign limited partnership (“Company” definition, section 9D, section 10) Posted on January 23, 2019 by admin_kmos
BPR62 (ITA) – Settlement of loan by offshore holdco in favour of SA sub. without requiring quid pro quo (8(4)(m), 20(1)(a)(ii), 54, 64C(2), paragraph 3(b), 20(3)(b), 12(5) of Eighth Schedule) Posted on January 23, 2019 by admin_kmos
BPR63 (ITA) – Interest incurred on loans obtained to acquire the shares of a company as opposed to acquiring the business of the company (Section 11(a), section 24J, section 23(f), section 23(g)) Posted on January 23, 2019 by admin_kmos
BPR64 (ITA) – Employees’ tax – Annuity payments from one long-term insurance company to another (Paragraph 1, paragraph 2 of Fourth Schedule) Posted on January 23, 2019 by admin_kmos